Maximum retirement income is not found in a single product. Achieving your ideal retirement lifestyle takes planning and a strategy that involves the proper balance between your financial assets. Our goal at Personal Pension Radio is to help you complete your financial journey and live the retirement you dream of.
In this episode,Kraig Strom interviews Justin Bonestroo from Actuarial Benefits Inc. Justin is an actuary and specializes in retirement plan design. Some advisors have painted the 401k in a negative light. The truth is that a 401k or defined benefit plan can be a great accumulation vehicle when they are used correctly.In this interview, Kraig & Justin explore common missunderstandings of retirement plans. They aslo dive into a recent 401k attack article by Garrett Gunderson. Yes, the 401k has risks and pitfalls but that's not unique to a defined contribution plan. All investments have risk and pitfalls that need to be avoided.